Home equity for business owners
Put your home equity to work for your business.
Explore business-purpose HELOC options to help cover equipment, inventory, payroll, and your next stage of growth. USHELOC helps you understand the next steps based on your property and financing needs.
For business owners seeking financing secured by residential property.
Financing is secured by your home. Failure to repay could result in foreclosure.
Your home equity. Your business priorities.
Explore how financing secured by your home could support the business you're building.
Support day-to-day operations
Explore funding for payroll, inventory, and other operating expenses.
Invest in your next stage
Consider financing for equipment, improvements, or business expansion.
Explore an equity-based option
Your property value and existing mortgage balances help determine potential borrowing capacity.
Understand the next steps
Learn what information is needed and review available options before deciding whether to proceed.
Built around the needs of your business.
Funding for the needs behind your business — from the everyday to the next big step.
Equipment
Purchase or replace tools, machinery, and essential business equipment.
Inventory
Stock products and materials to support customer demand.
Payroll
Help cover staffing expenses during business cycles.
Working capital
Support everyday operating expenses and cash flow needs.
Expansion
Invest in additional space, improvements, or new business opportunities.
Marketing
Support advertising and customer acquisition initiatives.
Permitted uses depend on the financing program and loan agreement.
Your next step, made clear.
Start with your property and business needs. Then explore whether an available program may fit.
Tell us what you need
Share basic property information, your requested financing amount, and how you plan to use the funds.
Explore available options
Review potential financing options, subject to eligibility and lender requirements.
Complete the lender's process
If you decide to proceed, provide the required information and complete underwriting and closing.
Submitting an inquiry is not an approval or commitment to lend.
Explore your potential borrowing capacity.
Use this illustration to see how property value and existing loans may affect the amount available for additional financing.
This result is illustrative. It is not a loan offer, approval, or property valuation.
Estimated total home equity
$250,000
Est. additional borrowing capacity
$90,000
Illustration based on an assumed 80% combined loan-to-value limit.
Explore My OptionsThis calculator is illustrative and is not a loan offer, approval, or property valuation. Actual eligibility and amounts depend on lender requirements, credit, income, property details, existing liens, fees, and program limits.
Could this fit your business?
A business-purpose HELOC may be worth exploring if you own residential property, have sufficient equity, and have a clear business use and repayment plan.
- You own residential property.
- You have equity after accounting for existing property loans.
- You are seeking financing for business purposes.
- You can provide the information required by the lender.
- You have considered how repayments fit your budget.
Understand the commitment.
This financing uses your home as collateral. Consider the payments, fees, and risks carefully before proceeding.
- Failure to repay could result in foreclosure.
- Rates and payment structures vary by program.
- Draw and redraw rules depend on the agreement.
- Fees and closing requirements may apply.
- Approval and availability are not guaranteed.
A few things to know.
A home equity line of credit secured by residential property and used for business purposes. The loan agreement determines how funds are accessed and repaid, including any redraw options.
These may be permitted business uses, depending on the program. Confirm your intended use with the lender before proceeding.
Potential financing depends on your property value, existing liens, credit, income, and the lender's program limits. The calculator provides an illustration, not an approval.
This type of financing requires eligible residential property as collateral. Ownership and property eligibility requirements vary by lender.
An inquiry and a lender application are different steps. Review the credit authorization before proceeding to understand whether a credit check will occur and whether it may affect your score.
Timing depends on the lender, verification requirements, property review, and closing process. Ask about the expected timeline for your specific application.
Fees, rates, repayment terms, and draw features vary by program. Review the lender's disclosures and loan agreement before accepting an offer.
Yes. Your home secures the financing, and failure to repay could result in foreclosure. Consider your ability to make payments even if business revenue declines.
Your home equity. Your next business move.
Tell us about your property and financing needs to take the next step.
Explore My OptionsSubject to eligibility, lender approval, and program availability.